USD/CHF has been choppy on Friday, but slipped back to session lows around 0.9170 in recent trade. The pair is being weighed as risk appetite ends the week on the back foot, favouring haven like CHF. It’s been a choppy session but USD/CHF ultimately looks set to end the day lower by about 30 pips
Month: December 2021
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Indraprastha Gas Limited () has hiked CNG prices in Delhi, Haryana and Rajasthan. The CNG prices have been hiked with effect from 6 a.m. today “With effect from 6 am on 4th December 2021, @IGLSocial revises its CNG retail price in NCT of Delhi, Haryana & Rajasthan,” IGL tweeted. Here are the prices in your
Daniel Acker | Bloomberg | Getty Images Mortgage rates rose decisively again for most of last week, causing a massive drop in mortgage demand, but on Friday everything changed with the news of the Covid omicron variant. Last week the average rate on the 30-year mortgage with conforming loan balance ($548,250 or less) increased to
Managing Director (MD) of the IMF Kristalina Georgieva said on Friday that she had already been concerned that the global economic recovery had been losing steam before the emergence of the Omicron variant. There would now likely be some downgrade to global growth forecasts as a result, she added, saying that the rapid spread of
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Cosmos (ATOM) has the potential to record major gains in the upcoming weeks primarily because its longer-timeframe chart is showing a bullish continuation pattern. Dubbed “bull flag,” the structure appears as the asset trends lower while bouncing between two downward sloping trendlines. However, it eventually breaks out of the range, in the direction of its
Swing lows come in at 0.6991 to 0.7005 The AUD is the weakest currencies on the day, and the pair is pushing to a new 2021 low and moves toward the swing lows from October in September 2020. Those levels come in between 0.6991 and 0.7005. The low price just reached 0.7013. A move below that floor area would increase the bearish
Forex news for North American trading on December 3, 2020 It will be an early close for Forexlive this weekend as our technology staff takes over with some changes. Today the focus was on the US jobs report and although payrolls was much less than expectations at 210K vs 550 estimate, there was nevertheless some underlying strength. Prior month revisions
Gold was set for a third straight weekly drop on Friday, weighed down by signals from Federal Reserve officials that the central bank could end its pandemic-era asset purchases and raise interest rates faster than expected to combat surging inflation. FUNDAMENTALS * Spot gold rose 0.1% to $1,771.04 per ounce by 0056 GMT after hitting
The U.S. economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead of the new Covid threat, the Labor Department reported Friday. Nonfarm payrolls increased by just 210,000 for the month, though the unemployment rate fell sharply to 4.2% from 4.6%, even though the labor force
In this article DG Popshelf stores are roughly 9,000 square feet and carry items such as home goods, seasonal decor and party supplies, including items from Dollar General’s private brands. Dollar General Dollar General debuted a new store called Popshelf about a year ago, aimed at wealthier, suburban shoppers who enjoy the hunt for a
Canadian Dollar rises strongly entering into US session, as boosted by much stronger than expected job data. On the other hand, Dollar is struggling to react to mixed non-farm payroll data. As for today, the Loonie is the strongest one, followed by Swiss Franc and Euro. Aussie and Kiwi are so far the worst. But,
US Nonfarm Payrolls rose at a much slower pace than expected in November. However, an underwhelming print did little to undermine the USD. Economists at TD Securities think it will be very difficult to sell the USD as a thematic strategy given the global monetary policy setup. Fed’s hawkishness to be a significant offset to
Cryptocurrency lending platform Celsius has reportedly lost over $50 million in the exploit of decentralized finance (DeFi) protocol BadgerDAO. As reported by Cointelegraph on Dec. 2, the attack targeted the protocol on the Ethereum network, reaping an unconfirmed $120 million in assets. According to one Redditor, the biggest alleged victim of the hack was an